Bangalore-based Dukaan raises $11M to expand in South Asia

Dukaan, a year-old startup that helps merchants in India set up digital stores quickly and easily using no-code tools, has received $11 million in funding. Plans are to expand the company’s offerings and expand more broadly in the South Asian market.

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M-Pesa hits 50m active users in Africa

September 9, 2021

Safaricom’s flagship mobile money platform M-Pesa has hit 50 million active customers in Africa, boosting its position as the continent’s largest fintech company.  M-Pesa is run by Safaricom and Vodacom and is now available in Kenya, Tanzania, Mozambique, the Democratic Republic of Congo (DRC), Lesotho, Ghana and Egypt. It provides customers with access to the widest agent network across the continent with more than 430,000 agent outlets and cashless payments in more than 400,000 businesses.

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Two-Thirds of C-Suite Can’t Recognize Bad Data: Fivetran Report

December 6, 2021

Like the determined optimist who tells his boss the factory is on fire by reporting they’ll soon be able to update their equipment, let’s find some silver linings in a batch of gloomy surveys today, Dear Reader.  We’ll start with this Fivetran report, which finds that 85% of data leaders say their company has lost money by basing decisions on bad data, and 66% believe their C-suite can’t tell when that happens.  The bright side is there’s lots of room for improvement.

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